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Industry backs Labor plans for 'pseudo-nationalisation' of Whyalla

Summary by ABC Australia

The federal government is considering an ownership stake in the teetering Whyalla steelmaker as part of a $2.4 billion taxpayer-funded bailout.

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Australian Financial Review

Why Albanese is going for broke at Whyalla

The prime minister is intent on saving jobs and the South Australian steel industry with a joint government bailout of $2.4 billion. But his hopes of a green steel future are much more tenuous.

1 day ago·Sydney, Australia

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ABC Australia

Industry backs Labor plans for 'pseudo-nationalisation' of Whyalla

The federal government is considering an ownership stake in the teetering Whyalla steelmaker as part of a $2.4 billion taxpayer-funded bailout.

2 days ago·Australia

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Business Live

Australia starts $636m green iron fund as it throws lifeline to steel works

South Australia’s premier put Whyalla, one of the country’s two steel plants, into administration for unpaid bills on Wednesday

2 days ago·Johannesburg, South Africa

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H2 Energy Group

H2-View News: Whyalla green hydrogen project paused as $374m funding is redirected to steelworks

The announcement follows GFG Alliance’s decision to delay its offtake commitment, which involved using green hydrogen from the planned adjacent plant to decarbonise its steel operations. Read more: Whyalla hydrogen project future uncertain as GFG Alliance delays offtake commitment The South Australian Premier, Peter Malinauskas, stated there’s “no point in producing hydrogen if there’s not

2 days ago

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Hydrogen View

Whyalla green hydrogen project paused as $374m funding is redirected to steelworks

South Australian Premier Peter Malinauskas said, “There’s no point in producing hydrogen if there’s not a customer for it,” highlighting the government’s focus on securing the steelworks’ future with the new funding package.

2 days ago

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Carbon Pulse

Australia announces A$1-bln green iron fund « Carbon Pulse

Australia’s Labor government has announced A$1 billion ($634 million) to develop green iron in the country, with up to half of that going to save South Australia’s Whyalla Steelworks, which was put into administration this week after its billionaire backer failed to make repayments to the state government.

2 days ago

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